Plus: Venice AI’s VVV token dropped – and AI brokers scored massive
GM. Consider us as your crypto bartender – mixing up the day’s zesty market actions, shaking out the fluff, and serving it straight, no garnish wanted.
🤖 Venice AI.
🍋 Information drops: crypto Ponzi scheme promoter will get sentenced, KuCoin has to go away the US for 2 years + extra
🍍 Market taste immediately
After all of the BUFFOONERY we needed to endure by way of yesterday, we lastly get to take pleasure in some extra of these lovely greens out there immediately.
The Worry & Greed Index is meditating in Greed at 72, Bitcoin’s again above $100K. Life is zen 🧘
So, mainly, our boy BTC managed to stabilize after the DeepSeek fiasco, which André Dragosch, a researcher at Bitwise, sees as hella bullish – particularly figuring out that the NASDAQ saved on sliding.
And for those who’re nonetheless shaking from yesterday’s dip, macroeconomic skilled Raoul Pal has some recommendation for you: settle down and go contact some grass.
20-30% value dips are utterly regular out right here – and 2025 remains to be lookin’ good for crypto.
He says we’re getting into the Banana Singularity or Part 2 of the Banana Zone, which is mainly that second out there cycle when issues go, properly, bananas – costs, hype, sentiment, every thing. In line with him, we will anticipate Q1 to be tremendous sturdy.
And eventually, as all the time – when unsure, zoom out:
Metaplanet – aka the Japanese model of MicroStrategy – is elevating cash to purchase extra Bitcoin (and saying it is the biggest capital increase in Asia for this goal);
The strategic Bitcoin reserve invoice in Arizona handed the State Senate Finance Committee and is now headed to the Senate Guidelines Committee. If the Senate approves, it is off to the Home. If the Home approves, it is off to set a pattern for different states to do the identical. After which, to the moon.
Certain, possibly your neighbor – who thinks crypto is a few imaginary rip-off web cash – was throwin’ center fingers at your window yesterday. Perhaps your dad and mom instructed you to maneuver out of their basement when the market dipped (jk… possibly).
However go searching – main gamers and states are nonetheless all-in on BTC. Do not lose focus; the longer term’s lookin’ vibrant, my good friend 😏
🥝 Memecoin harvest
That is what occurs when the web collectively decides, “we like this joke sufficient to make it beneficial” 😃👍
Title
24H Change
Venice Token VVV
▲6.4K%
TruthChain TRUTH
▲6.2K%
GoFundMe GFM
▲173%
Beenz BEENZ
▲132%
Knowledge as of 09:35 AM EST.
Try these memecoins and lots extra right here.
“Why the frick does an Italian metropolis have a token??” – one would possibly ask after seeing the highest memecoin on our record immediately.
… yeah, I do know, nobody thought that. What a silly intro, really. Nevertheless it’ll do 🤠
In any case, no, it is not a metropolis, you foolish goose 🤪 – it is a platform known as Venice AI, launched in Could 2024 by Bitcoin advocate Erik Voorhees to offer you entry to AI fashions like Llama and DeepSeek (sorry if this phrase triggers PTSD).
There have been loads of rumors going round about AI fashions – like “DeepSeek is sending person information to China” – which make folks query how protected AI tech actually is.
Venice is right here to sort out these considerations by storing conversations domestically in your browser, encrypting them in transit, and processing every thing on decentralized GPUs.
(In different phrases, no person’s snooping in your bizarre AI interactions).
Plus, Venice gives personal and uncensored API entry for AI brokers – which means they discover extra matters and enhance their reasoning with a broader, unrestricted information base.
Oh, and the platform launched that VVV token you simply noticed. It was an fascinating launch, lemme inform ya:
This was the primary token airdrop aimed toward AI brokers – 25% of the VVV genesis provide went to AI neighborhood protocol accounts on Base (like Luna, aixbt, and VaderAI);
Inside about 90 minutes of launching, VVV hit a completely diluted worth (FDV) of over $1B;
Coinbase listed it on the identical day of its launch (which, usually, takes weeks).
And what does this complete factor inform us?
Everybody’s been saying 2025 could be the yr for the AI + crypto combo – Venice’s success is one other proof;
Tokens allotted to AI brokers present they’re changing into absolutely built-in gamers in DeFi;
Underneath Trump, devs would possibly really feel safer constructing crypto tasks – so we will doubtless anticipate extra launches like this one.
Liking the juice? 🍋 Don’t gatekeep this one – share the Each day Squeeze and let your pals get a style of Web3 sweetness!
Truthful warning, tho’: you’ll have to hold the burden of changing into a hero.
🍋 Information drops
⛓ Antonia Perez Hernandez, a promoter of the Forcount crypto Ponzi scheme, is heading to jail for 30 months. She and her crew scammed buyers out of $8.4M by luring them into Forcount with guarantees of big returns. Spoiler: none of these returns have been actual.
💸 KuCoin agreed to pay a $300M high-quality for working an unlicensed money-transmitting enterprise within the US. Additionally, the founders have been compelled to resign, and the change is saying goodbye to the US marketplace for the subsequent two years.
📝 Tuttle Capital has filed for ETFs linked to Chainlink (LINK), Cardano (ADA), and even memecoins like MELANIA and TRUMP. Bloomberg’s James Seyffart says it is a case of issuers testing how far the SEC will go.
🇺🇸 Ripple received cash transmitter licenses in New York and Texas. With this approval, they’re all set to supply cross-border funds within the US.
🗣 CFTC’s performing chair, Caroline Pham, introduced public roundtable discussions to sort out market points (together with people who contain crypto). Over the subsequent few months, they’re going to collect enter from trade consultants, dig into information, and hopefully determine some clear guidelines for crypto.
🧃 Sip of information
Find out about ChainHealth with the newest BitDegree Mission, “AI-Powered Well being Insights With ChainHealth”:
🍌 Juicy memes
